Dow Jones News Today: Stocks Slide as Earnings Season Accelerates

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The Dow Jones news today is dominated by a busy schedule of earnings reports and the latest geopolitical battles fought by President Donald Trump and his team. But Dow futures are trending down ahead of today's open.

On Friday, the Dow Jones rallied back above 20,000 thanks to the financial sector and a better than expected January jobs report from the Labor Department. President Donald Trump also announced his intentions to roll back the Dodd-Frank Act and halted the implementation of an Obama-era rule that requires retirement advisers to operate in their clients' best interests.

Let's look at the numbers from Friday for the Dow, S&P 500, and Nasdaq:

What's Ahead for the Dow Jones Industrial Average Today

The Dow Jones Industrial Average was trending down by 28 points as markets prepare for another busy day of earnings reports and news about mergers and acquisitions.

The U.S. Federal Reserve will make headlines today when Philadelphia Fed President Patrick Harker speaks at a Fintech conference in San Diego, California. Last week, Harker issued his first vote as a member of the Fed Open Market Committee. The markets will be interested in Harker's stance on President Trump's economic policies and his expectations for rate hikes in 2017 and beyond.

Crude oil prices were pushing higher after President Donald Trump announced new sanctions on Iran after the country tested ballistic missiles. The U.S. Treasury said that 13 individuals and 12 entities will not be allowed to access the U.S. financial system or engage in business with U.S. companies.

While analysts will spend the day parsing through highlights and speculating on the next season, virtually no one on ESPNor CNNwill teach you the financial lessons from the game. Money Morning Technical Trading Specialist D.R. Barton has some advice to you about the Super Bowl "Indicator" and the other financial indicators that you've heard about in recent weeks.

But the big story is the stock markets are at or near all-time highs. The Dow was trading above 20,000 points on Friday, and the Nasdaq is sitting at a record high.

Markets rallied Friday after President Trump signed an executive order that demands the U.S. Treasury secretary provide a list of potential regulatory changes and legislation modifying Dodd-Frank within four months.

But investors should stay cautious.

Soaring highs have investors concerned the market could fall just as fast. That's why we've put together the best stock market crash investmentsyou can buy to protect your money.

Stocks to Watch Today, Feb. 6, 2017

Investors in Williams Cos. (NYSE: WMB) are cheering after federal regulators approved its $3 billion Atlantic Sunrise natural gas pipeline expansion. The project in the northeastern part of the United States has been delayed by a long review process. Look for shares of Cabot Oil & Gas Corp. (NYSE: COG) to tick higher due to the company's role in the project.

Keep an eye on jewelry retailer Tiffany & Co. (NYSE: TIF). Over the weekend, Tiffany CEO Frederic Cumenal announced he would step down immediately. The announcement comes just two years into his time as chief executive. Despite the news, the firm said it expects to meet Wall Street forecasts when it reports its quarterly financial results.

In earnings news, Hasbro Inc. (NYSE: HAS) is set to issue its fourth-quarter report. Analysts are expecting a strong Q4 report from the company thanks to sales of its Star Wars toy line during a busy holiday season. Wall Street projects earnings per share (EPS) of $1.28 on top of $1.51 billion in revenue.

An $80 Billion Cover-Up? Feds use obscure loophole to threaten retirees… Under the watchful eye of Congress, the government will soon be implementing a controversial plan that threatens the retirement of millions of Americans. And they're using an obscure loophole buried in Title 29 of the U.S. Labor Code to do it. If you have a 401(k), IRA, or any type of retirement account, this could cause you to miss out on $68,870 or more. Full Story

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Today's Markets

DJIA82.66(0.35%)23,675.64

NASDAQ30.18(0.45%)6,783.91

S&P0.21(0.01%)2,546.16

CBOE-1.12(-1.12%)99.15

WMB0.56(-2.44%)22.42

TIF0.59(0.73%)80.10

HAS-1.29(-1.54%)82.30

TSN-1.09(-2.04%)52.38

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